1965 Chrysler Newport Town Sedan on 2040-cars
Downers Grove, Illinois, United States
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Up for auction is a very clean and original 1965 Chrysler Newport "Six Window" Town Sedan. No Reserve! Only 12,000 of these were originally produced. It was called the six window Town Sedan because it has a window behind the C-pillar, making a total of 6 side windows. This car is equipped with it's original 383-2BBL V8, and original 727 Torque-Flite automatic transmission. The car has an original 72,000 miles. I have owned this car since 2004 and in that time I have maintained it's current very clean cosmetic condition. The paint was professionally repainted the exact factory "French Ivory" color by the previous owner a few years before I bought the car. Upon close inspection, one would think it was original paint because all of the chrome trim and moldings were removed prior to paint, so no over-spray around edges etc giving the car a very neat and clean appearance. The paint is smooth and clean, but some light chips and nicks from driving it over the years. It is a rust free, very straight body and was never in an accident nor does it appear that body work was done to the car. The underside of the car is also very clean, the trunk is also rock solid. It's an original Midwest car, a true survivor. It's originally from Rensselaer, Indiana where it spent most of it's life. All Chrome trim is bright and clean with no pitting, glass is clean and no cracks. The car also has it's original wheels with correct original wheel covers. The tires are older, but in very good condition with no dry rotting.
To make the car completely road worthy, I did a total overhaul on the brakes back in 2005 with brand new stainless brake lines from Inline Tube. The lines were bent to the original factory specs, so they fit in all of the clips and routed exactly like the original lines. All new wheel cylinders and brake hoses, master cylinder and shoes as well. This car is equipped with 4 wheel drum brakes and it stops perfectly straight. I also had the fuel tank reconditioned at the same time and also installed all new stainless steel fuel lines, also from inline tube. The mechanical condition of the engine is excellent. It is essentially an undisturbed engine compartment. About the only thing that was done to the engine was repainted valve covers to the original mopar teal blue engine color. It even features it's original factory date coded spark plug wires and radiator hoses which are still soft and pliable, still held in place by the original corbin clamps! The distributor cap is even original, also in very good condition. Points and condenser have been replaced as necessary, including new spark plugs shortly after I bought the car. The originality of this car reflects that it has been well cared for, not neglected. With this kind of originality, it makes the car a great reference vehicle which I've tried to maintain as much as possible. In the 10 years I've owned it as a summer cruiser, it has always been reliable and starts well. The engine runs clean and does not use oil. The carb is working properly, including the choke, so it starts well when it's cold and runs in high idle like it should. The battery is about 2 years old. The car also features newer shocks all the way around. This car is an outstanding highway vehicle. Extremely comfortable, power steering is great and with all of the large windows around you, it makes for excellent visibility. The car accelerates and drives like a new car. The seats are very comfortable and are not sprung, giving very good and comfortable support. Looking at the interior, it too is all original. A very plain car as far as option go. The only power options it has would be power steering. In fact, it's even factory radio delete, very unusual for a Chrysler! The car was never smoked in, the ash trays are still like new and no burn marks on coil of the original cigarette lighter. The only flaws with the interior is a split in the fabric near the edge of the vinyl on the driver side as seen in the photos. It's important to note that the car has been like this for the 10 years I've owned it, and interestingly, it has not gotten worse as you'd expect. It's a very durable fabric. An additional flaw to be pointed out is that the wind lacing around the drivers door is also frayed in one spot, but all of these materials can still be ordered fortunately. Otherwise, it's a very clean interior. The headliner is perfect. The instrument panel dash pad is clean and free of cracks. Everything inside the car works excellent as it should. All window mechanisms are working smooth, all doors open and close solidly and locks work. The heater/defroster works. Horn works. The directional signal works like it should as do all interior and exterior lights. The fuel gauge is also working and accurate. The variable speed windshield wiper and pump are also working as they should. The speedometer is also accurate and works with no noise or fluttering. I have kept full documentation of the maintenance I've done on this car over the years and also have some of the original documentation and manuals that came with the car, but do not have any original sales papers when it was bought new. It was built at the Chrysler assembly plant in Newark, Delaware. The 1965 Chryslers are such well built machines and I'm sure the new owner will be pleased with it as I have for the last 10 years. There are no surprises or hidden issues with this excellent car. It has never seen hack work, all electrical is excellent factory original and untouched. The car shows excellent and again, is a pleasure to drive. It's turn key and ready to go anywhere. The car is located in Downers Grove, IL, about 20 miles west of Chicago. Please message with any questions. Thank you |
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Chrysler files for IPO
Tue, 24 Sep 2013Chrysler has had a lot of owners over the past few years alone, from Daimler to Cerberus to Fiat and the federal government. But it could be poised to gain some more before long. Like, a lot more.
The automaker has just announced that it has filed with the US Securities and Exchange Commission to issue an Initial Public Offering of common stocks. Chrysler hasn't revealed how many shares will be offered and at what price, however the shares in question will not come out of Fiat's approximate 60% majority shareholding but instead out of the 40% minority stock held by the UAW's VEBA retiree healthcare trust. Reports suggest that the IPO, which is being handled by JP Morgan, could encompass approximately 16% of Chrysler stock, initially valued at approximately $100 million.
Lest you think this is all part of Sergio Marchionne's grand plan to consolidate Chrysler and Fiat, the two auto groups over which he presides, think again. The filing, which still needs to be approved by the SEC, comes at the insistence of the UAW. Negotiations between Marchionne's management team and the union over Fiat's acquisition of the VEBA shares have stalled. If they manage to come to an agreement, however, the IPO would likely be taken off the table. So don't go calling your broker just yet, but you can analyze the official announcement below.
Fiat Chrysler Automobiles targets mid-October IPO
Thu, 04 Sep 2014The merged Fiat Chrysler Automobiles is targeting October 13 to launch its initial public offering on the New York Stock Exchange, CEO Sergio Marchionne told reporters assembled for a meeting in Rimini, Italy.
"The most likely date for the listing in the US is October 13," Marchionne said, according to Reuters.
Marchionne is trusting that the money made in the IPO will be contribute heavily his ambitious, $64-billion five-year growth plan, which will see FCA reboot Alfa Romeo and Maserati and expand Jeep's global presence. Should the IPO fall short, though, Marchionne has confirmed that "all decision [sic] on any capital increase will be taken by the board of FCA at the end of October."
Chrysler recalls 350k vehicles over ignition switches
Thu, 25 Sep 2014Chrysler has announced a recall covering 349,442 vehicles due to ignition switches that can either become stuck or move without warning. All of the affected vehicles are from the 2008 model year, and were built before May 12, 2008.
The automaker has learned that ignition keys on some vehicles "may not fully return to the 'ON' position after rotation to the 'START' position during engine-startup," the company said in a statement. Additionally, "an ignition key may not fully return to the 'ON' position after rotation to the 'START' position and may inadvertently move through the 'ON' position to 'ACCESSORY' or 'OFF.'"
Chrysler says it is unaware of any related injuries, and notes that while reduced braking, engine or steering power is possible in such instances, the airbags are not affected. The later stands in contrast to General Motors' recent rash of high-profile recalls, and it's an important distinction that Chrysler (understandably) felt necessary to call out in bold print in its press release.